Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / SUZ - Toilet paper shortage could be next domino in global container ship crisis


SUZ - Toilet paper shortage could be next domino in global container ship crisis

Another potential toilet paper shortage is just what the world does not need, but the biggest producer of wood pulp - the raw material for products including toilet paper - warns that the global shortage of shipping containers could start creating supply snags.Suzano (SUZ) ships most of its pulp in so-called break bulk cargo vessels, and with demand rising for ships that carry ribbed steel containers, CEO Walter Schalka tells Bloomberg that the squeeze is starting to spill over to break bulk and threatens to delay the company's shipments.Schalka says he was already concerned about the risk of exporting less than expected this month and being forced to roll over some shipments into April; with competition increasing for cargo vessels, he says break bulk ships are berthing at Suzano's terminals less often than usual.Brazil is the world's top supplier of pulp, and Suzano accounts for about a third of global supplies

For further details see:

Toilet paper shortage could be next domino in global container ship crisis
Stock Information

Company Name: Suzano Papel e Celulose S.A. American Depositary Shares
Stock Symbol: SUZ
Market: NYSE
Website: suzano.com.br

Menu

SUZ SUZ Quote SUZ Short SUZ News SUZ Articles SUZ Message Board
Get SUZ Alerts

News, Short Squeeze, Breakout and More Instantly...